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Adani Enterprises' net profit falls 97% on tepid coal trading
Millennium Post Delhi
|New Delhi 31January2025
Adani Enterprises Ltd (AEL), the flagship company of billionaire Gautam Adani-led group, on Thursday reported a 97 per cent drop in the third quarter net profit as key coal trading volumes were hit.
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NEW DELHI:
Net profit declined to Rs 57.83 crore in October-December 2024 - the third quarter of FY25 - from Rs 1,888.45 crore earnings a year back, the company said in a statement. Revenue from operations fell 9 per cent to Rs 22,848.42 crore.
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